Your client, Techno Products, Inc., requests that you conduct a feasibility study that will be used to

Question:

Your client, Techno Products, Inc., requests that you conduct a feasibility study that will be used to advise management on the best new system to install that will be used to handle the company’s payroll and primary human resource activities. You are technically competent in this area and accept the engagement. Based on the completion of the study, the company adopts your recommendations and installs the system you recommended.

Required:
What are the ethical implications of this engagement and your independence in expressing an opinion on the of Techno Products, Inc.?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...